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GPN

Global Payments (NYSE:GPN) has delivered an average annual return of 14.83% over the past 15 years, turning a $100 investment into $800.29 today. The company's market capitalization stands at $35.41 billion, highlighting its significant growth and performance in the market.

Portfolio Pulse from Benzinga Insights

February 13, 2024 | 4:30 pm

HOLO

Trading of MicroCloud Hologram Inc (HOLO) shares has resumed. This development is crucial for investors and traders monitoring the company's stock for potential movements.

Portfolio Pulse from Benzinga Newsdesk

February 13, 2024 | 4:29 pm

LRMR

Larimar Therapeutics' stock price increased following JMP Securities' decision to maintain a Market Outperform rating and raise its price target from $17 to $25.

Portfolio Pulse from Benzinga Newsdesk

February 13, 2024 | 4:29 pm

RIVN

Rivian Automotive Inc (NASDAQ:RIVN) shares fell 7.7% to $15.08 amid broader automotive sector declines after January 2024 inflation rates missed forecasts. The annual CPI inflation rate dropped to 3.1% from 3.4%, above the expected 2.9%. Higher-than-expected inflation could increase operational costs for Rivian, potentially squeezing profit margins and leading to investor sell-off.

Portfolio Pulse from Henry Khederian

February 13, 2024 | 4:27 pm

HOLO

MicroCloud Hologram's stock was halted due to a circuit breaker trigger after it surged 89.6%. The significant increase in stock price led to a temporary trading halt to manage volatility.

Portfolio Pulse from Benzinga Newsdesk

February 13, 2024 | 4:25 pm

ZI

ZoomInfo Technologies Inc. (NASDAQ:ZI) reported Q4 earnings surpassing analyst expectations with earnings of 26 cents per share and sales of $316.4 million. The company forecasts FY 2024 adjusted operating income between $492 million and $502 million, with earnings between 99 cents and $1.01 per share. Following the report, ZoomInfo shares rose 12.5% to $18.01. Analysts from Piper Sandler, DA Davidson, RBC Capital, and Needham updated their price targets and ratings on ZoomInfo.

Portfolio Pulse from Avi Kapoor

February 13, 2024 | 4:25 pm

FREE

Whole Earth Brands, Inc. (NASDAQ:FREE) shares surged after announcing its acquisition by Sababa Holdings FREE, LLC affiliate Ozark Holdings, LLC. The all-cash transaction is valued at $4.875 per share, a 37% premium over its 60-day volume-weighted average price. The deal is seen as maximizing shareholder value by providing immediate liquidity at a significant premium. Following the announcement, Whole Earth's trading volume spiked significantly.

Portfolio Pulse from Erica Kollmann

February 13, 2024 | 4:22 pm

USAC

USA Compression Partners, LP (NYSE:USAC) reported a significant increase in Q4 fiscal 2023 revenue, surpassing market expectations with a total of $225.049 million, an 18.4% growth YoY. Earnings per unit rose to $0.02, reversing a loss from the previous year. The company also saw improvements in adjusted gross margin, operating income, and EBITDA margin. Distributable Cash Flow and horsepower utilization also increased. Looking ahead to 2024, USAC expects a tight compression market to benefit its operations, forecasting higher net income, Adjusted EBITDA, and Distributable Cash Flow. Despite the positive report, USAC shares dropped 1.32% to $23.58.

Portfolio Pulse from Akanksha Bakshi

February 13, 2024 | 4:21 pm

FREE

Whole Earth Brands has announced it will be acquired by Sababa Holdings FREE, LLC, leading to an increase in its share price.

Portfolio Pulse from Benzinga Newsdesk

February 13, 2024 | 4:20 pm

SSRM

SSR Mining shares are trading lower following the suspension of operations at the Çöpler mine. This operational halt is expected to impact the company's production output and financial performance in the short term.

Portfolio Pulse from Benzinga Newsdesk

February 13, 2024 | 4:20 pm